Business/Financial Desk
| May 9, 2003, Friday
Walter
Cronkite Backs Away From Sponsored Video
Deal
By MELODY PETERSON (NYT) 468 words
Late Edition - Final , Section C ,
Page 4 , Column 5
ABSTRACT
- Former CBS News anchor Walter Cronkite
sends letter ending his agreement with
production company WJMK to serve as host for
series of corporate-sponsored videos,
resembling news reports, that are broadcast
on public television stations; WJMK recently
hired Cronkite and Aaron Brown of CNN to
replace Morley Safer as hosts of series
called American Medical Review; Safer also
sends letter to WJMK, demanding that it stop
using videotape of him appearing on
news-style set as host of series; tape was
made several years ago, but has been used in
hundreds of videos since; drug makers and
other health care companies pay WJMK about
$15,000 to have their products featured in
American Medical Review videos (M) Walter
Cronkite, the former CBS News anchor, sent a
letter yesterday ending his agreement with a
Florida production company to serve as host
for a series of corporate-sponsored videos,
resembling news reports, that are broadcast
on public television stations.
The production company, WJMK, had
recently hired Mr. Cronkite and Aaron Brown
of CNN to replace Morley Safer of ''60
Minutes'' as hosts of a series called
American Medical Review. Mr. Brown backed
out of his agreement with WJMK on Wednesday.
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